WAUWATOSA, WI—Stephen J. Schmidt, a director at Waterstone Financial , Inc. (NASDAQ:WSBF), recently sold shares of the company's common stock in a series of transactions on November 7, 2024. The sales totaled $67,509, with prices ranging from $15.995 to $16.11 per share.
Following these transactions, Schmidt holds 70,078 shares of Waterstone Financial. The sales were conducted as direct transactions, reflecting Schmidt's personal holdings in the company.
Waterstone Financial, headquartered in Wauwatosa, Wisconsin, operates as a federally chartered savings institution. The company's operations include providing a range of financial services to its customers.
InvestingPro Insights
In light of Stephen J. Schmidt's recent stock sale, it's worth examining some key financial metrics and insights for Waterstone Financial (NASDAQ:WSBF). According to InvestingPro data, the company's market capitalization stands at $287.48 million, with a price-to-earnings (P/E) ratio of 21.96.
Despite the director's sale, there are positive indicators for the company. An InvestingPro Tip highlights that management has been aggressively buying back shares, which often signals confidence in the company's future prospects. Additionally, Waterstone Financial boasts a high shareholder yield, potentially making it an attractive option for value-oriented investors.
The company's stock has shown strong performance recently, with a 13.5% price total return over the past month and an impressive 46.37% return over the last year. This upward trend aligns with another InvestingPro Tip suggesting that net income is expected to grow this year.
For investors seeking more comprehensive analysis, InvestingPro offers 8 additional tips for Waterstone Financial, providing a deeper understanding of the company's financial health and market position.
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